[TRANSLATION]
October 17, 2014
To Whom It May Concern:
Name of Company: Central Japan Railway Company
Name of Representative: Koei Tsuge,
President and Representative Director(Code: 9022, First Sections of the TSE and NSE)
Contact Person: Ryo Ejiri,
Corporate Officer and General Manager of the Public Relations Department(Telephone No.: +81-52-564-2549)
Permission regarding the Construction Implementation Plan (#1) of the Chuo
Shinkansen Section between Shinagawa and Nagoya
On October 17, 2014, the Central Japan Railway Company received permission
regarding the construction implementation plan (#1) of the Chuo Shinkansen section
between Shinagawa and Nagoya, which was applied for to the Minister of Land,
Infrastructure, Transport and Tourism under Article 9 of the Nationwide Shinkansen
Railway Development Act on August 26, 2014.
For further details, please see the release titled “Application for Permission
regarding the Construction Implementation Plan (#1) of the Chuo Shinkansen Section
between Shinagawa and Nagoya” attached hereto (disclosed on August 26, 2014),
since the Company received permission regarding the plan as it applied for.

End of Document

Appendix[TRANSLATION]
August 26, 2014
To Whom It May Concern:Name of Company: Central Japan Railway Company
Name of Representative: Koei Tsuge,
President and Representative Director(Code: 9022, First Sections of the TSE and NSE)
Contact Person: Ryo Ejiri,
Corporate Officer and General Manager of the Public Relations Department(Telephone No.: +81-52-564-2549)
Application for Permission regarding the Construction Implementation Plan (#1)
of the Chuo Shinkansen Section between Shinagawa and Nagoya
The Central Japan Railway Company (the “Company”) announces that its
Board of Directors has resolved, at the meeting of the Board of Directors held on
August 26, 2014, to apply to the Minister of Land, Infrastructure, Transport andTourism for permission regarding our construction implementation plan of the Chuo
Shinkansen section between Shinagawa and Nagoya pursuant to Article 9 of theNationwide Shinkansen Railway Development Act (the “Act”), as follows.
The Company will make this application pursuant to Paragraphs 1 and 2 ofArticle 9 of the Act and Paragraphs 1 and 2 of Article 2 of the Ordinancefor Enforcement of the Act.
 Please see the Exhibit “Outline of the Construction Implementation
Plan (#1) of the Chuo Shinkansen Section between Shinagawa andNagoya” for overview.
 At this time, the Company will mainly apply for permission withrespect to the civil engineering structures such as tunnels, bridges andstations, under the Construction Implementation Plan (#1). Permission
with respect to the facilities for starting operations, such as electriclights, electrical power lines and rolling stock, will be applied for under
the Construction Implementation Plan (#2) when the construction
details become fixed.

The planned construction cost for the section between Shinagawa andNagoya in the Construction Implementation Plan (#1) is 4,015.8 billion yen.
The total construction cost in which the currently-expected cost for thefacilities for starting operations, with respect to which permission will beapplied for under the Construction Implementation Plan (#2), is added tothe planned cost in the Construction Implementation Plan (#1) is 5,523.5
billion yen.
 Compared to the total construction cost for the section between
Shinagawa and Nagoya of 5,430.0 billion yen in the report prepared inDecember 2009 pursuant to Article 5 of the Act, the latest total planned
construction cost increased by 93.5 billion yen after construction
details were further examined, reflecting the expected cost increase dueto the adoption of high-tech equipment, such as inductive powercollection technology, and an increase in labor costs, partially offset by
the expected achievements in cost reduction efforts.
 During this period, operating results have steadily increased and theCompany expects to complete construction while ensuring soundmanagement through continuing improvement in management.

Exhibit
Outline of the Construction Implementation Plan (#1) of the Chuo Shinkansen Section
between Shinagawa and Nagoya
1. Section

Between Shinagawa and Nagoya

2. Location of the Stations

Shinagawa Station
Kanagawa Prefecture
Station(tentative name)Yamanashi Prefecture
Station(tentative name)
Nagano Prefecture
Station(tentative name)
Gifu Prefecture Station(tentative name)

Nagoya Station

3. Location of the Train Depots

Kanto Train Depot(tentative name)
Chubu General Train
Depot(tentative name)(Expansion: Konan,Minato-ku, Tokyo)(Newly-established:
Hashimoto, Midori-ku,Sagamihara, Kanagawa)(Newly-established:Irita, Otsumachi, Kofu,
Yamanashi)(Newly-established:
Kamisatoiinuma, Iida,Nagano)(Newly-established:
Sakamoto,Sendanbayashi,
Nakatsugawa, Gifu)(Expansion: Meieki,Nakamura-ku, Nagoya,Aichi)(Newly-established:Toya, Midori-ku,Sagamihara, Kanagawa)(Newly-established:
Sendanbayashi,Nakatsugawa, Gifu)

4. Railway Length285.6 km(Type of Structure)
Tunnels
Viaducts
Bridges
Rail beds

246.6 km (about 86%)23.6 km (about 8%)
11.3 km (about 4%)
4.1 km (about 2%)

5. Outline of Railway

Minimum curve radius
Maximum grade
Distance between centersof the tracks

8,000 m40‰
More than 5.8 m

6. Construction Cost

4,015.8 billion yen(The total currently planned construction cost atpresent is 5,523.5 billion yen (including cost for
rolling stock but excluding the expenses necessaryfor the Yamanashi Maglev Test Line alreadyconstructed).)7. Scheduled Completion Year2027

Budget of the Construction Cost for the Chuo Shinkansen Section between Shinagawa
and Nagoya (285 km 605 m extension)
Item

AmountCost for sites
Cost for rail beds
Cost for bridges
Cost for tunnels
Cost for tracks
Cost for stations
Cost for carbarns and facilities for inspection and repair
Cost for other buildings

Thousands of Yen342,040,000
110,090,000
292,200,000
1,621,960,000
724,360,000
520,600,000-

Cost for electric lights and electrical power lines
Cost for communication lines
Cost for train protection equipment
Cost for protection equipment
Cost for communication equipment
Cost for lines
Cost for power stations and substations
Sub total

Note

3,780,000
185,590,000
3,800,620,000

Cost for buildings construction

970,000

Cost for construction machines
Other construction-related cost

13,630,000
200,600,000

Sub total

215,200,000

Total
Cost for rolling stockTotal
Construction cost per 1 km (excluding the cost forrolling stock)

4,015,820,000
4,015,820,000
14,060,000* Consumption tax excluded.
* The total currently-planned construction cost: 5,523,550,000 thousand yen(including the cost for rolling stock and excluding the expenses necessary for theYamanashi Maglev Test Line already constructed).